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Broadstone Net Lease

144 hedge funds and large institutions have $1.36B invested in Broadstone Net Lease in 2021 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

723% more call options, than puts

Call options by funds: $1.85M | Put options by funds: $225K

379% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 14

350% more funds holding in top 10

Funds holding in top 10: 29 (+7)

58% more funds holding

Funds holding: 91144 (+53)

52% more capital invested

Capital invested by funds: $891M → $1.36B (+$464M)

26% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 27

55.08% less ownership

Funds ownership: 123.05%67.97% (-55%)

Holders
144
Holders Change
+53
Holders Change %
+58.24%
% of All Funds
2.53%
Holding in Top 10
9
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+350%
% of All Funds
0.16%
New
67
Increased
34
Reduced
27
Closed
14
Calls
$1.85M
Puts
$225K
Net Calls
+$1.63M
Net Calls Change
+$1.63M
Name Holding Trade Value Shares
Change
Change in
Stake
UCFA
1
United Capital Financial Advisors
Texas
$416M +$419M +22,678,646 +73,375%
BlackRock
2
BlackRock
New York
$79.5M +$35.9M +1,942,556 +81%
Cohen & Steers
3
Cohen & Steers
New York
$69.8M -$46.8M -2,532,636 -40%
CIM
4
Centersquare Investment Management
Pennsylvania
$69.8M +$13.3M +718,414 +23%
GT
5
Glenmede Trust
Pennsylvania
$66.2M -$7.55M -408,700 -10%
NEPWA
6
New England Private Wealth Advisors
Massachusetts
$65.3M +$65.9M +3,568,614 New
Vanguard Group
7
Vanguard Group
Pennsylvania
$57.3M -$625K -33,810 -1%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$47M +$3.17M +171,529 +7%
Creative Planning
9
Creative Planning
Kansas
$36.2M +$36.6M +1,979,085 New
SPC
10
Stone Point Capital
Connecticut
$36M
LWP
11
Lumature Wealth Partners
Georgia
$35.1M +$35.5M +1,920,408 New
CCA
12
Cobblestone Capital Advisors
New York
$32.3M +$32.3M +1,750,075 +12,479%
N
13
Nuveen
North Carolina
$26.1M +$2.96M +160,064 +14%
HighTower Advisors
14
HighTower Advisors
Illinois
$25.8M +$26M +1,408,167 New
RGREA
15
Ranger Global Real Estate Advisors
Colorado
$19.7M +$16.5M +893,292 +483%
VLKIM
16
Van Lanschot Kempen Investment Management
Netherlands
$17.1M +$983K +53,196 +6%
ACM
17
Armbruster Capital Management
New York
$15.4M +$15.5M +840,542 New
ACI
18
AMP Capital Investors
Australia
$15.2M -$240K -12,978 -2%
AA
19
ALPS Advisors
Colorado
$14.6M
JP Morgan Chase
20
JP Morgan Chase
New York
$11.8M -$121K -6,542 -1%
MWP
21
MYCIO Wealth Partners
Pennsylvania
$10.7M -$229K -12,386 -2%
State Street
22
State Street
Massachusetts
$10.1M -$109K -5,878 -1%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$10.1M +$86.7K +4,696 +0.9%
Millennium Management
24
Millennium Management
New York
$9.69M -$6.54M -353,995 -40%
Northern Trust
25
Northern Trust
Illinois
$7.41M -$120K -6,474 -2%

BNL Hedge Fund Activity: Q1 2021 in Review

144 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q1 2021, worth a combined $1.36B — up 52% from $891M a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new BNL positions and 14 closed out — a net gain of 53 holders — while 34 added to existing stakes and 27 trimmed.

The largest buyer was United Capital Financial Advisors, adding an estimated $419M. The largest seller was Principal Financial Group, cutting an estimated $87.5M.

  • 144 institutional investors held Broadstone Net Lease (BNL) as of Q1 2021, up from 91 in Q4 2020.
  • Funds reported $1.36B of Broadstone Net Lease stock for Q1 2021, up 52% quarter-over-quarter.
  • 67 funds opened new Broadstone Net Lease positions in Q1 2021 and 14 closed out, a net change of +53 holders.
  • The largest Broadstone Net Lease buyer in Q1 2021 was United Capital Financial Advisors, an estimated $419M added.
  • The largest Broadstone Net Lease seller in Q1 2021 was Principal Financial Group, an estimated $87.5M sold.

Based on aggregated 13F filings for Q1 2021.